Cantor Fitzgerald Lowers Dynatrace (NYSE:DT) Price Target to $51.00

Dynatrace (NYSE:DTGet Free Report) had its price target lowered by stock analysts at Cantor Fitzgerald from $57.00 to $51.00 in a research note issued on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Cantor Fitzgerald’s price target points to a potential upside of 8.09% from the stock’s current price.

DT has been the topic of several other reports. Royal Bank Of Canada increased their target price on Dynatrace from $60.00 to $64.00 and gave the stock an “outperform” rating in a research report on Thursday, August 7th. Wall Street Zen lowered shares of Dynatrace from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Dynatrace in a research report on Wednesday, October 8th. Wells Fargo & Company began coverage on shares of Dynatrace in a research note on Tuesday, September 30th. They set an “overweight” rating and a $65.00 target price for the company. Finally, Oppenheimer assumed coverage on shares of Dynatrace in a research note on Wednesday, August 27th. They issued an “outperform” rating and a $65.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, Dynatrace currently has a consensus rating of “Moderate Buy” and an average price target of $62.27.

Check Out Our Latest Analysis on DT

Dynatrace Stock Up 2.4%

Shares of NYSE DT opened at $47.18 on Thursday. The firm’s 50-day moving average price is $48.99 and its two-hundred day moving average price is $50.81. Dynatrace has a 52-week low of $39.30 and a 52-week high of $63.00. The stock has a market capitalization of $14.23 billion, a P/E ratio of 28.25, a P/E/G ratio of 3.89 and a beta of 0.85.

Dynatrace (NYSE:DTGet Free Report) last posted its earnings results on Wednesday, November 5th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.41 by $0.03. The company had revenue of $493.85 million during the quarter, compared to analyst estimates of $487.33 million. Dynatrace had a return on equity of 9.24% and a net margin of 27.33%.The business’s revenue was up 18.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.37 earnings per share. Dynatrace has set its Q3 2026 guidance at 0.400-0.420 EPS. FY 2026 guidance at 1.620-1.640 EPS. As a group, equities research analysts expect that Dynatrace will post 0.68 earnings per share for the current year.

Insider Transactions at Dynatrace

In related news, Director Lisa M. Campbell sold 1,013 shares of the business’s stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $49.77, for a total value of $50,417.01. Following the sale, the director directly owned 1,012 shares in the company, valued at $50,367.24. The trade was a 50.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Daniel S. Yates sold 2,000 shares of the stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $49.89, for a total transaction of $99,780.00. Following the sale, the chief accounting officer directly owned 22,555 shares of the company’s stock, valued at approximately $1,125,268.95. This represents a 8.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 10,602 shares of company stock valued at $529,579 in the last quarter. Insiders own 0.57% of the company’s stock.

Hedge Funds Weigh In On Dynatrace

Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in shares of Dynatrace by 2.4% during the third quarter. Vanguard Group Inc. now owns 32,142,909 shares of the company’s stock valued at $1,557,324,000 after purchasing an additional 739,895 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Dynatrace by 14.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 8,768,711 shares of the company’s stock worth $413,445,000 after purchasing an additional 1,124,207 shares in the last quarter. American Century Companies Inc. raised its holdings in Dynatrace by 0.6% during the 2nd quarter. American Century Companies Inc. now owns 7,845,619 shares of the company’s stock worth $433,157,000 after buying an additional 44,288 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Dynatrace by 79.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,987,838 shares of the company’s stock worth $329,477,000 after buying an additional 3,092,576 shares during the period. Finally, Geode Capital Management LLC lifted its stake in Dynatrace by 2.4% during the second quarter. Geode Capital Management LLC now owns 5,757,417 shares of the company’s stock valued at $316,948,000 after buying an additional 134,478 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

About Dynatrace

(Get Free Report)

Dynatrace, Inc provides a security platform for multicloud environments in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation.

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